Income & Economy in Milford, TX

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$25,822

-31% vs national

Poverty Rate

19.9%

+46% vs national

Gini Index

0.5109

0 = perfect equality

Unemployment

9.6%

+84% vs national

SNAP Recipients

30.1%

of households

How Milford Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Milford.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
26.5%
$25-50K
26.5%
$50-75K
5.1%
$75-100K
17.0%
$100-150K
6.8%
$150-200K
11.3%
$200K+
6.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

9.6%

+88% vs TX avg

Labor Force

449

Employed

406

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

4.7%

of adults 25+

High School Diploma+

32.4%

of adults 25+

Median Age

39.1

Work from Home

3.2%

of workers

The median household income in Milford, TX is N/A. Per capita income is $25,822. The poverty rate of 19.9% is higher than the TX state average of 14.9%. The Gini index of income inequality is 0.5109, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.6%, compared to the state average of 5.1%. 4.7% of adults hold a bachelor's degree or higher.